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Showing posts with label Career Tunes. Show all posts
Showing posts with label Career Tunes. Show all posts

8/30/2011

12 tips for business success

What's important to the success of small-business owners and entrepreneurs? Knowledge, skill and talent.

However, many competitors have the same traits you do. The key to beating the competition and achieving success is mental, reflected in one's attitude, totally controlled by the individual and requires no cash. This holds true in most human endeavors besides business — in sports, the arts and politics.
How many times have we seen the underdog team or player win over the more talented opponent? The difference is often attitude.

These 12 attitude attributes can put you in the right mindset for achieving entrepreneurial success.


1. Have passion for your business
Work should be fun. Your passion will help you overcome difficult moments and persuade people to work for you and want to do business with you. Passion can't be taught. When it wanes, as it surely will in difficult times, take some quiet time. Whether it be an hour or a week, take inventory of all the reasons you started the business and why you like being your own boss. That should renew your passion.


2. Set an example of trustworthiness
People have confidence in trustworthy individuals and want to work for them in a culture of integrity. The same is true for customers.


3. Be flexible, except with core values
It's a given that your plans and strategies will change as time goes on. This flexibility for rapid change is an inherent advantage of small over large business. However, no matter the pressure for immediate profits, do not compromise on core values.


4. Don't let fear of failure hold you back
Failure is an opportunity to learn. All things being equal, venture capitalists would rather invest money in an individual who tried and failed founding a company than in someone who never tried.


5. Make timely decisions

It's okay to use your intuition. Planning and thought are good. But procrastination leads to missed opportunity.


6. The major company asset is you
Take care of yourself. Your health is more valuable than the most expensive machinery or computer software for the company. You don't have to choose between your family or your company, play or work. Maintain your health for balance and energy, which will, in turn, enhance your mental outlook.


7. Keep your ego under control
Don't take profits and spend them on expensive toys to impress others. Build a war chest for unexpected needs or opportunities. This also means hearing out new ideas and suggestions no matter how crazy they sound.


8. Believe

You need to believe in yourself, in your company, and that you will be successful. This confidence is contagious with your employees, customers, stakeholders, suppliers and everyone you deal with.


9. Encourage and accept criticism graciously. Admit your mistakes.
You need to constantly work on convincing your employees that it's OK — even necessary —to state their honest opinions even it if conflicts with the boss's opinion. Just stating it once or putting it in a mission statement won't cut it for most people.


10. Maintain a strong work ethic
Your employees will follow your lead. It will also help you beat your competition by outworking them, particularly when your product or service is very similar.


11. Rebound quickly from setbacks
There surely will be plenty of ups and downs as you build the business. Learn from the setbacks and move on. You can't change the past.


12. Periodically get out of your comfort zone to pursue something important
Many times you will feel uncomfortable in implementing a needed change in technology, people, mission, competing, etc. For the company and you to grow personally, you sometimes have to step out of your comfort zone.
Many organizational and leadership shortcomings can be overcome or mitigated with the good attitudes described above. All can be learned except passion, which comes from within. Take time out of your hectic schedule to periodically reflect on these attributes. You may be inspired to act.



Copyright © 2011 www.RioTunes.blogspot.com

8/29/2011

10 Tips for College Students

Here are 10 tips to help you create a productive and memorable college experience… and most of all, to deeply enjoy this time in your life.


1. Answer the question, “Why am I going to college?”
Many college students really don’t have a clear reason for being there other than the fact that they don’t know what else to do yet.  They inherit goals from family and peers which aren’t truly their own.  That was how I started college.  Is this you as well?
As I’ve stated previously on this blog, the three-semester deal wasn’t my first time at college.  I had previously gone to college when I wasn’t in the right frame of mind to be there.  In high school I was a straight-A honors student, President of the math club, and captain of the Academic Decathlon team.  That momentum carried me forward, and without really ever deciding if it was what I wanted, I found myself with four more years of school ahead of me.  It seemed like a good idea at the time, but my heart just wasn’t in it.  Consequently, I sabotaged myself in a big way.  I blew off my classes and got an education in parties and alcohol.  Apparently some administrator was biased against students whose GPA starts with a decimal point, so I was soon expelled.
That experience sent me into a bit of a tailspin.  I was in a funk for about six months, mostly just playing video games.  Finally in an attempt to re-ground myself, I got a retail sales job and tried to stay under the radar while taking some time to “find myself.”  That was the time I began developing an interest in personal development, and boy did it pay off.  A year later I was ready to go back to college, and I started over as a freshman.  But this time I knew why I was there.  I wanted to be a programmer, and I wanted to earn my Computer Science degree (I later added the Math degree).  But it was more than that.  I knew I was capable of a lot more, and I wanted to push myself.  I wanted to create the richest experience I could.  For me that meant a really dense schedule.
Your goals for college will likely be different than mine.  What are they?  Why are you there?  If you don’t know — and I mean really know it in your gut — then you have no focal point for your experience.  You may as well not even be there.  What is it about your experience that resonates as true for you?  What are you there to learn?  What do you want to experience?


2. Imagine your ideal college experience.
Once you know why you’re going to college, imagine your ideal outcome.  Let it flow outward from the reason you’re there.  Whether you’ve already started college or not, stop and simply write down some attributes of your ideal experience.  Describe it in as much detail as you can.
Before I returned to school, I spent hours visualizing the kind of experience I wanted to have.  I saw myself being challenged but managing it easily and without stress.  I saw myself making new friends.  I saw myself having a really great time.  Most of all I imagined a very balanced experience — a blend of academics, activities, socialization, and fun.  The keyword I used was “richness.”
This was a really important step.  I didn’t understand the mechanism at the time, but I was pre-programming myself to succeed.  Whenever I encountered obstacles, my ideal vision was so much more compelling that I was always able to find a way to get what I wanted.  I became a co-creator of my experience instead of a passive victim of it.
Visualization allows you to make mistakes in advance.  If you can’t get a clear visualization, your experience is likely to be just as fuzzy.  Debug your visualization until it inspires you.
Real life will of course turn out differently than you visualize.  The point of visualization isn’t to predict the future or to restrict your freedom to decide later.  The point is to give you more clarity for making decisions right now.  Your ideal scene serves as a map that can guide you through the quagmire of options.


3. Take at least one extra class each semester.
Students are taught that 12-15 semester units (3-5 classes) is a “full” schedule.  But a schedule that light is hardly full.  A person with a full-time job will put in a good 40+ hours per week, and students enjoy every possible vacation day plus spring break, winter break, and summer vacation.  If you want to spend four or more years in college, add more degrees or get a job on the side.  Don’t feel you have to go at a snail’s pace just because everyone else does.
Now you might be thinking that 12-15 units are supposed to equate to a 40-hour week with all the outside homework and studying, but that’s only going to happen if you do things very inefficiently (which sadly is what most people do).  If you follow some of the time-saving tips later in this article, then 15 units should only require a few additional hours outside of class to complete assignments.  Obviously I couldn’t have taken 31-39 units per semester if it meant doing double those hours in outside homework.  I didn’t succeed by overworking myself.
If you’re an above average student, you can certainly handle an above average schedule.  Sometimes we don’t know what we can handle until we push ourselves a little.  If you think you can handle 15 units, take 18 or 21.  You can easily shave a year off your schedule.  Or you may be able to add a minor or a double major.
What about prerequisites?  For the most part I simply ignored them, and fortunately at my school they weren’t enforced too well.  I found that most of the time a prerequisite is listed, it’s geared towards below average students.  Don’t let pointless bureaucracy slow you down if you want to graduate sooner.  There’s always a way around it — it’s usually just a matter of getting some random form signed by someone who’s too bored to care either way.  A smile and a compliment go a long way.
By the law of forced efficiency, if you put more things on your plate, you’ll find a way to get them done with the time you have available.  So if you don’t challenge yourself a little, that extra time will slip through your fingers.
I think the real benefit to a dense schedule isn’t that you’ll graduate sooner.  The real benefit is that you’ll enjoy a richer experience.  Taking five classes instead of four means more learning, more achievement, and more friends.  And what employer wouldn’t be attracted to a student who graduated more quickly than his/her peers?  This sort of thing sure looks great on a resume.


4. Set clear goals for each class.
Decide what you want out of each specific class.  Is this a subject you’re eager to learn?  Do you want to target this teacher for a letter of recommendation?  Is this a required class you must take but which doesn’t otherwise interest you?
My goals for each class determined how often I would show up, whether I’d sit in the front or the back, how actively I’d participate, and what kind of relationship I’d seek to establish with the teacher.
For some classes I wanted to master the material.  For others I just wanted an A grade.  And for others I wanted to set myself up for glowing letters of recommendations from enthusiastic teachers whose native language was English (so the letters would be highly readable and positive).
My mom has been a college math professor for decades.  At home she’d comment about students she barely knew who’d ask her for letters of recommendation.  Many times she had to turn them down because she just didn’t have anything positive to say in the letter.  On the other hand, she was happy to support those students who put in a serious effort.  Most teachers want to help you, but you have to let them see your strengths.  Even if you don’t get an A in a particular class, you can still give a teacher plenty of material for a great letter of recommendation if you participate actively and show respect toward the teacher.
This is not about manipulating your professors into lying on your behalf.  The simple truth is that the quality of a letter of recommendation ultimately comes down to how much a teacher respects you.  Don’t put yourself in the desperate situation of having to request a letter of recommendation from a teacher who doesn’t even remember you — or worse, one who thinks poorly of you.  Set yourself up for success in advance.
One of my professors learned about my packed academic schedule and expressed interest in learning how I was managing it.  We had a very nice conversation about time management techniques.  I had several programming classes with this professor and aced them all.  I happened to think he was an excellent teacher, I had great respect for him, and I quite enjoyed his classes.  When it came time to ask him for a letter of recommendation, he wrote one of the most glowing letters imaginable (“best student I’ve encountered in my career,” etc.).
On the other hand, I had certain teachers who were downright lousy.  I ditched their classes often and learned the material from the textbook.  Obviously I didn’t seek out their assistance down the road.
Sometimes you’ll achieve your goals; sometimes you won’t.  Even if you do your best, you may still fall short.  You may encounter teachers that are unfair, lazy, sexist, racist, or otherwise incompetent.  My wife had an overtly sexist professor who would never give a female student a grade higher than a B, no matter how well she did.  He would say things like, “If you’re a male, you’ll have to work hard in this class.  If you’re a female, just come by my office after hours.”  Eventually sexual harrassment charges were filed against him.  You’ll have to pick your battles.  Some are worth fighting; others are best ignored.  Having clear goals will help you decide which is which.


5. Triage ruthlessly.
You don’t need to put an equal amount of effort into every class.  Inject extra effort when it’s important to you, but feel free to back off a little from classes that are a low priority based on your specific goals.  For me this was an important way to conserve energy.  I couldn’t play full out in every class, or I’d burn out, so I invested my energy where it mattered most.
In every student’s schedule, some classes are critical while others are almost trivial.  In a typical week, I’d usually ditch around 40% of my classes because I just didn’t need to be there.  For some classes attendance was necessary, but for others it didn’t make much difference.  I could simply get the notes from another student if needed, or I could learn the material from the textbook.  If it wasn’t necessary for me to attend a particular class (based on my goals for that class), I usually ditched it.  That saved me a lot of time and kept me from having to sit in class all day long.  Sometimes I’d just grab some food with friends to give myself an extra break.
I would also triage individual assignments.  If I felt an assignment was lame, pointless, or unnecessarily tedious, and if it wouldn’t have too negative an impact on my grade, I would actually decline to do it.  One time I was assigned a tedious paper that represented 10% of my grade.  I really didn’t want to do it, and it required a lot more hours than I felt it was worth.  I was headed for an A in the class, and if I didn’t do this assignment, I’d drop to an A-.  So I respectfully told the professor I was declining the assignment and that I thought it was a fair trade to receive an A- in order to reinvest those hours elsewhere.  He already knew me and understood my reasons.  He gave me an A-, and I was fine with that.  It was indeed a fair trade.  In fact, looking back I wish I’d done this sort of thing more often.
Sometimes teachers get a little too homework happy and dole out assignments that really don’t justify the effort.  You’re in charge of your academic experience though, not your teachers.  Don’t feel you must do every assignment just because the teacher feels it’s a good idea.  You be the judge in accordance with your own reasons for being there.  Just be sure to consider the consequences of your decision.
By stealing time from low priority assignments, I was able to invest more time in the real gems.  Some creative assignments taught me a great deal.  I usually hated group projects with a passion, but there was one particular group project where the team really gelled.  I enjoyed it tremendously and learned a lot from it.
A cool triage technique I used was timeboxing.  I would decide how much time an assignment warranted, and then I’d do the best job I could within the allotted time.  So if I had to write a 10-page research page on European history, I might devote 8 hours to it total.  I’d slice up the 8 hours into topic selection, planning, library research, outlining, writing, and editing, and then I’d do my best to stay within those times.  This was a great way to keep me from overengineering an assignment that didn’t need it.
In a way this was my own method of academic load balancing.  Some of your assignments will be unbalanced in the sense that they seem to require an unreasonable amount of effort compared to how much of your grade they represent or how much you expect to benefit from completing them.  Sometimes I would decide that the effort to write an A-paper just wasn’t warranted.  Maybe I’d estimate it would take me 20 hours to do an A job but only 10 hours to do a B job.  And if the assignment was only 10% of my grade, perhaps I could accept a B there.  I often thought in this Machiavellian fashion back then, and often to my surprise I found that my B-quality papers would come back with As anyway.


6. Get an early start to each day.
I’ve written previously about the benefits of becoming an early riser.  I wasn’t getting up at 5am when I was in college, but I’d usually get up around 6-7am.  I found that getting an early start each day helped me get a lot more done, not just in the morning but throughout the day.  I began each day with a 25-minute run followed by a shower and breakfast.  This simple morning routine got me out the door feeling alert and energized.
I’d be lying if I said I got up early because I wanted to.  It was really out of necessity.  I had many morning classes, including 7:30am classes one semester.  But I’m glad I did that because if I didn’t have those morning classes, I just would have slept more than I needed to.  Even if you hate morning classes, you may find as I did that you’re a lot more productive if you schedule them anyway.


7. Reclaim wasted time during your classes.
Let’s face it.  Not every class is going to require your utmost concentration.  Sometimes teachers babble.  Sometimes they reiterate what you already know.  What percentage of class time requires your complete, focused attention?  For some classes it’s 90%.  For others it’s 20%.  If you aren’t actively learning during class, you’re wasting time.  If a class is really challenging, sit in the front and soak up every word.  But if a class isn’t challenging you, then sit in the back, do homework for other classes, and pop your head up every once in a while to see if there’s anything worth jotting down.  Always have a book open, so when your hippie professor goes off on yet another nostalgia trip about the 60s, you’ll have something productive to do.
This was a surprisingly great cure for boredom.  If the professor was droning on and putting everyone to sleep, I’d be working on programming assignments.  I used to write them out on paper and then go to the computer lab between classes and type them up.  That way I didn’t have to spend much time outside class in the lab, sometimes just 10-15 minutes if my program worked the first time.
You’ll be amazed at how much time you can free up using this method.  I was able to complete the bulk of my assignments in class (but usually not in the classes in which the tasks were assigned).  If you’re in school right now, I challenge you to see how much extra homework you can complete during your normal class time today.  Then estimate how many hours you’ll save every week from this practice.  It really adds up.
You can’t concentrate at peak efficiency continuously, so be sure to take breaks.  When you need a break though, take a real break.  I used to meditate or nap on the grass between classes in order to recharge myself.  I’d use my wristwatch alarm to signal when it was time to get up and go again.  Those breaks were very restorative, and I could go to the next class and work full out once again.  I never worked flat out all day long.  I worked in waves between total concentration and total relaxation, cycling many times per day.



8. Learn material the very first time it’s presented.
One of the biggest time wasters in school is having to relearn something you didn’t learn properly the first time.  When students say they’re studying, most of the time they’re making up for a previous failure to learn the material.
In software development it’s well known that bugs should be fixed as soon as possible after they’re introduced.  Waiting to fix a bug near the end of a project can take 50x as much effort as it would take to fix the bug the first time it was noticed.  Failing to learn what you’re supposedly taught each day is a serious bug.  Don’t try to pile new material on top of an unstable foundation, since it will take even more time to rebuild it later.
If you don’t understand something you were taught in class today, treat it as a bug that must be fixed ASAP.  Do not put it off.  Do not pile new material on top of it.  If you don’t understand a word, a concept, or a lesson, then drop everything and do whatever it takes to learn it before you continue on.  Ask questions in class, get a fellow student to explain it to you, read and re-read the textbook, and/or visit the professor during office hours, but learn it no matter what.
I was normally an ace in math, perhaps because my mother is a college math professor who was taking calculus classes while I was in the womb.  Plus my father was an aerospace engineer, so I’ve certainly got the genes for it.  But there were a couple topics I found incomprehensible when they were first introduced:  eigenvalues and eigenvectors.  I’m a highly visual learner, which is normally a strength academically, but I found these abstract concepts difficult to visualize.  Many of my classmates found them confusing too.  I invested the extra effort required to grasp these concepts and earned an A in the class because I treated my confusion as a bug that had to be fixed immediately.  Those students who allowed their confusion to linger found themselves becoming more and more lost as the course progressed, and cramming at the end couldn’t bestow complete comprehension.  Just like programming bugs, confusion multiplies if left untreated, so stamp it out as early as possible.  If you’re confused about anything you’re being taught, you’ve got a bug that needs fixing.  Don’t move on until you can honestly say to yourself, “Yes, I understand that… what’s next?”
Ideally there should be no need to study outside of class, at least in the sense of relearning material you didn’t learn the first time.  You can review old material to refresh your memory, but you shouldn’t have to devote a minute of your time to learning something that was taught a month or two earlier.
During finals I was probably the least-stressed student of all.  I didn’t have to study because by the time the final exam came up, in my mind the course was already over.  The test was just a formality.  While everyone else was cramming, I’d be at the arcade playing video games.  I’d already learned the material and completed all the assignments (at least the ones I was going to complete).  At most I’d just spend some time reviewing my notes to refresh the material the night before the test.  Isn’t this how academic learning is supposed to work?  Otherwise what’s the point of showing up to class for an entire semester?
During each semester ask yourself this question:  Am I ready to be tested right now on everything that has been taught up to this point?  If your answer is ever “no,” then you know you’re falling behind, and you need to catch up immediately.  Ideally you should be able to answer “yes” to this question at least once a week for every subject.
Falling behind even a little is an enormous stressor and time waster.  First, you have to go back and re-learn the old material when the rest of the class has already moved on.  Secondly, you may not learn the new material as well if it builds on the old material because you lack a solid foundation, so you just end up falling further and further behind.  Then when you come to the end of the semester, you end up having to re-learn everything you were supposed to learn.  But because you cram at the last minute, after finals you forget everything anyway.  What’s the point of that silliness?  It’s like overspending on a credit card that charges you 25% interest.  Eventually you’ll have to pay up, and it will cost you a lot more time in the long run.
Put in the effort to learn your material well enough to get As in all your classes.  It will pay off.  Much of the material you learn will build on earlier material.  If you get As in your freshman courses, you’ll be well prepared to pile on new material in your sophomore year.  But if you get Cs that first year, you’re already going into your second year with an unstable foundation, making it that much harder to bring your grades up and really master the material.  Make straight As your goal every semester.  In the long run, it’s much easier.  I found that C students tended to work a lot harder than I did, especially in their junior and senior years, because they were always playing catch up.  Despite my packed schedule, it wasn’t stressful for me because I kept on top of every subject.  Consequently, I had plenty of time for fun while other students experienced lots of stress because they constantly felt unprepared.


9. Master advanced memory techniques.
One of the keys to learning material the first time it’s taught is to train yourself in advanced memory techniques.  I used them often in classes that required rote memorization of certain facts, including names, dates, and mathematical formulas.  If a teacher wrote something on the board that had to be memorized verbatim for an upcoming exam, I’d memorize it then and there.  Then I wouldn’t have to go back and study it later.
I’m sure you’ve encountered simple mnemonic techniques such as using the phrase “Every good boy does fine” to memorize the musical notes E, G, B, D, and F.  Those kinds of tricks work well in certain situations, but they’re so grammar school.  There are far more efficient visual techniques.  The two I relied on most in school were chaining and pegging.
It’s beyond the scope of this article to explain these techniques in detail, but you can simply visit this site to learn all about them.  Or you can pick up a book on memory improvement, such as The Memory Book by Harry Lorayne.  I recommend learning from a book because then you’ll build a solid foundation step by step.
These techniques will allow you to memorize information very rapidly.  For example, with pegging I could usually memorize a list of 20 items in about 90 seconds with perfect recall even weeks later.  Experts at this are faster.  Anyone can do it — it’s just a matter of training yourself.
I still use these techniques today.  Chaining allows me to memorize my speeches visually.  When I give a speech, my imagination runs through the visual movie I’ve created while I select words on the fly to fit the images.  It’s like narrating a movie.  My speech isn’t memorized word for word, so it sounds natural and spontaneous and can be adapted on the fly to fit the situation.  Memorizing visually is much faster and more robust than trying to memorize words.  If you memorize a speech word for word and forget a line, it can really throw you off.  But with a series of images, it’s easier to jump ahead to the next frame if you make a mistake.  Our brains are better suited to visualize memorization than phonetic memorization.
I don’t recommend memorizing by repetition because it’s way too slow.  Pegging and chaining do not require repetition — they allow you to embed strong memories on a single pass, usually in seconds.  The downside is that pegging and chaining require a lot of up-front practice to master, but once you learn them, these are valuable skills you’ll have for life.  I also found that learning these techniques seemed to improve my memory as a whole, even when I’m not actively trying to memorize.  I think this practice trained my subconscious to store and recall information more effectively.
It’s a shame these techniques aren’t normally taught in school.  They would save students an enormous amount of time.  Do yourself a favor and learn them while you’re young.  They have a lot of practical applications, including remembering people’s names.


10. Have some serious fun!
Challenge yourself academically, but give yourself plenty of time for fun as well.  Don’t squander your leisure time hanging around doing nothing.  Go out and do something active that will blow off steam and increase your energy.
One of my favorite college leisure activities was frisbee golf (also called disc golf).  I used to play for hours at night with a couple friends, sometimes until my fingers became blistered… or until campus security gave us the boot for hitting one too many non-player students.  :)
While playing frisbee golf, we would often have to scavenge through bushes, wade through fountains, and climb over various hazards trying to recover errant frisbees.  It was always lots of fun, and we’d usually “play through” these obstacles.  Several hours of frisbee golf served as a delightful reward at the end of a challenging week.  I still remember an incredible “hole in one” shot I made from a second-story balcony to hit a light post at the edge of a soccer field.
My biggest regret about college is that I didn’t have a girlfriend during that time.  If I had it to do all over again, I probably would have added an extra semester and taken fewer classes to make time for that someone special.  I had the opportunity, but I had to pass it up because my schedule was too packed.  Girlfriends can be a lot of fun, but most aren’t very efficient.  ;)
This article’s advice centers on making your college experience as rich and memorable as possible.  Get your school work done quickly and efficiently, so you have plenty of time for the variety of activities college can offer.  Join clubs.  Play frisbee golf.  Get a boyfriend or girlfriend.  The worst thing you can do is spend your time falling behind academically due to poor habits, feeling stressed and unprepared all the time, and then playing catch up.  Squeeze as much juice out of college as you can, and let it serve as a springboard to a lifetime of fulfillment.
People often assume my aggressive schedule must have been stressful and exhausting, but the irony is that it was just the opposite.  I seemed to have an easier, more enjoyable experience than my peers.  Students with lighter schedules slacked off and fell behind because they convinced themselves they could make up for it later.  But I couldn’t afford to do that because it would have been impossible for me to catch up on a dozen different classes… and way too stressful to even think about it.  If I fell even a week behind, I’d be in serious trouble.  So I was compelled to develop good habits that kept me perpetually relaxed, focused, and energized.  Many of the habits discussed above were simply the result of setting the goal to graduate in three semesters.  That goal dictated the process.  I’m very grateful for the experience because it showed me just how much more effective we can be when we push ourselves beyond our comfort zones.  It taught me to keep setting goals beyond what I feel certain I can accomplish.  Many times what we assume to be impossible just isn’t.  We only think it is.

10 Reasons You Should Never Get a Job

Just for fun I recently asked Erin, “Now that the kids are in summer school, don’t you think it’s about time you went out and got yourself a job?  I hate seeing you wallow in unemployment for so long.”
She smiled and said, “Wow.  I have been unemployed a really long time.  That’s weird…  I like it!”
Neither of us have had jobs since the ’90s (my only job was in 1992), so we’ve been self-employed for quite a while.  In our household it’s a running joke for one of us to say to the other, “Maybe you should get a job, derelict!”

It’s like the scene in The Three Stooges where Moe tells Curly to get a job, and Curly backs away, saying, “No, please… not that!  Anything but that!”
It’s funny that when people reach a certain age, such as after graduating college, they assume it’s time to go out and get a job.  But like many things the masses do, just because everyone does it doesn’t mean it’s a good idea.  In fact, if you’re reasonably intelligent, getting a job is one of the worst things you can do to support yourself.  There are far better ways to make a living than selling yourself into indentured servitude.
Here are some reasons you should do everything in your power to avoid getting a job:

1. Income for dummies.

Getting a job and trading your time for money may seem like a good idea.  There’s only one problem with it.  It’s stupid!  It’s the stupidest way you can possibly generate income!  This is truly income for dummies.
Why is getting a job so dumb?  Because you only get paid when you’re working.  Don’t you see a problem with that, or have you been so thoroughly brainwashed into thinking it’s reasonable and intelligent to only earn income when you’re working?  Have you never considered that it might be better to be paid even when you’re not working?  Who taught you that you could only earn income while working?  Some other brainwashed employee perhaps?
Don’t you think your life would be much easier if you got paid while you were eating, sleeping, and playing with the kids too?  Why not get paid 24/7?  Get paid whether you work or not.  Don’t your plants grow even when you aren’t tending to them?  Why not your bank account?
Who cares how many hours you work?  Only a handful of people on this entire planet care how much time you spend at the office.  Most of us won’t even notice whether you work 6 hours a week or 60.  But if you have something of value to provide that matters to us, a number of us will be happy to pull out our wallets and pay you for it.  We don’t care about your time — we only care enough to pay for the value we receive.  Do you really care how long it took me to write this article?  Would you pay me twice as much if it took me 6 hours vs. only 3?
Non-dummies often start out on the traditional income for dummies path.  So don’t feel bad if you’re just now realizing you’ve been suckered.  Non-dummies eventually realize that trading time for money is indeed extremely dumb and that there must be a better way.  And of course there is a better way.  The key is to de-couple your value from your time.
Smart people build systems that generate income 24/7, especially passive income.  This can include starting a business, building a web site, becoming an investor, or generating royalty income from creative work.  The system delivers the ongoing value to people and generates income from it, and once it’s in motion, it runs continuously whether you tend to it or not.  From that moment on, the bulk of your time can be invested in increasing your income (by refining your system or spawning new ones) instead of merely maintaining your income.
This web site is an example of such a system.  At the time of this writing, it generates about $9000 a month in income for me (update: $40,000 a month as of 10/31/06), and it isn’t my only income stream either.  I write each article just once (fixed time investment), and people can extract value from them year after year.  The web server delivers the value, and other systems (most of which I didn’t even build and don’t even understand) collect income and deposit it automatically into my bank account.  It’s not perfectly passive, but I love writing and would do it for free anyway.  But of course it cost me a lot of money to launch this business, right?  Um, yeah, $9 is an awful lot these days (to register the domain name).  Everything after that was profit.
Sure it takes some upfront time and effort to design and implement your own income-generating systems.  But you don’t have to reinvent the wheel — feel free to use existing systems like ad networks and affiliate programs.  Once you get going, you won’t have to work so many hours to support yourself.  Wouldn’t it be nice to be out having dinner with your spouse, knowing that while you’re eating, you’re earning money?  If you want to keep working long hours because you enjoy it, go right ahead.  If you want to sit around doing nothing, feel free.  As long as your system continues delivering value to others, you’ll keep getting paid whether you’re working or not.
Your local bookstore is filled with books containing workable systems others have already designed, tested, and debugged.  Nobody is born knowing how to start a business or generate investment income, but you can easily learn it.  How long it takes you to figure it out is irrelevant because the time is going to pass anyway.  You might as well emerge at some future point as the owner of income-generating systems as opposed to a lifelong wage slave.  This isn’t all or nothing.  If your system only generates a few hundred dollars a month, that’s a significant step in the right direction.

2. Limited experience.

You might think it’s important to get a job to gain experience.  But that’s like saying you should play golf to get experience playing golf.  You gain experience from living, regardless of whether you have a job or not.  A job only gives you experience at that job, but you gain ”experience” doing just about anything, so that’s no real benefit at all.  Sit around doing nothing for a couple years, and you can call yourself an experienced meditator, philosopher, or politician.
The problem with getting experience from a job is that you usually just repeat the same limited experience over and over.  You learn a lot in the beginning and then stagnate.  This forces you to miss other experiences that would be much more valuable.  And if your limited skill set ever becomes obsolete, then your experience won’t be worth squat.  In fact, ask yourself what the experience you’re gaining right now will be worth in 20-30 years.  Will your job even exist then?
Consider this.  Which experience would you rather gain?  The knowledge of how to do a specific job really well — one that you can only monetize by trading your time for money – or the knowledge of how to enjoy financial abundance for the rest of your life without ever needing a job again?  Now I don’t know about you, but I’d rather have the latter experience.  That seems a lot more useful in the real world, wouldn’t you say?

3. Lifelong domestication.

Getting a job is like enrolling in a human domestication program.  You learn how to be a good pet.
Look around you.  Really look.  What do you see?  Are these the surroundings of a free human being?  Or are you living in a cage for unconscious animals?  Have you fallen in love with the color beige?
How’s your obedience training coming along?  Does your master reward your good behavior?  Do you get disciplined if you fail to obey your master’s commands?
Is there any spark of free will left inside you?  Or has your conditioning made you a pet for life?
Humans are not meant to be raised in cages.  You poor thing…

4. Too many mouths to feed.

Employee income is the most heavily taxed there is.  In the USA you can expect that about half your salary will go to taxes.  The tax system is designed to disguise how much you’re really giving up because some of those taxes are paid by your employer, and some are deducted from your paycheck.  But you can bet that from your employer’s perspective, all of those taxes are considered part of your pay, as well as any other compensation you receive such as benefits.  Even the rent for the office space you consume is considered, so you must generate that much more value to cover it.  You might feel supported by your corporate environment, but keep in mind that you’re the one paying for it.
Another chunk of your income goes to owners and investors.  That’s a lot of mouths to feed.
It isn’t hard to understand why employees pay the most in taxes relative to their income.  After all, who has more control over the tax system?  Business owners and investors or employees?
You only get paid a fraction of the real value you generate.  Your real salary may be more than triple what you’re paid, but most of that money you’ll never see.  It goes straight into other people’s pockets.
What a generous person you are!

5. Way too risky.

Many employees believe getting a job is the safest and most secure way to support themselves.
Morons.
Social conditioning is amazing.  It’s so good it can even make people believe the exact opposite of the truth.
Does putting yourself in a position where someone else can turn off all your income just by saying two words (“You’re fired”) sound like a safe and secure situation to you?  Does having only one income stream honestly sound more secure than having 10?
The idea that a job is the most secure way to generate income is just silly.  You can’t have security if you don’t have control, and employees have the least control of anyone.  If you’re an employee, then your real job title should be professional gambler.

6. Having an evil bovine master.

When you run into an idiot in the entrepreneurial world, you can turn around and head the other way.  When you run into an idiot in the corporate world, you have to turn around and say, “Sorry, boss.”
Did you know that the word boss comes from the Dutch word baas, which historically means master?  Another meaning of the word boss is “a cow or bovine.”  And in many video games, the boss is the evil dude that you have to kill at the end of a level.
So if your boss is really your evil bovine master, then what does that make you?  Nothing but a turd in the herd.
Who’s your daddy?

7. Begging for money.

When you want to increase your income, do you have to sit up and beg your master for more money?  Does it feel good to be thrown some extra Scooby Snacks now and then?
Or are you free to decide how much you get paid without needing anyone’s permission but your own?
If you have a business and one customer says “no” to you, you simply say “next.”

8. An inbred social life.

Many people treat their jobs as their primary social outlet.  They hang out with the same people working in the same field.  Such incestuous relations are social dead ends.  An exciting day includes deep conversations about the company’s switch from Sparkletts to Arrowhead, the delay of Microsoft’s latest operating system, and the unexpected delivery of more Bic pens.  Consider what it would be like to go outside and talk to strangers.  Ooooh… scary!  Better stay inside where it’s safe.
If one of your co-slaves gets sold to another master, do you lose a friend?  If you work in a male-dominated field, does that mean you never get to talk to women above the rank of receptionist?  Why not decide for yourself whom to socialize with instead of letting your master decide for you?  Believe it or not, there are locations on this planet where free people congregate.  Just be wary of those jobless folk — they’re a crazy bunch!

9. Loss of freedom.

It takes a lot of effort to tame a human being into an employee.  The first thing you have to do is break the human’s independent will.  A good way to do this is to give them a weighty policy manual filled with nonsensical rules and regulations.  This leads the new employee to become more obedient, fearing that s/he could be disciplined at any minute for something incomprehensible.  Thus, the employee will likely conclude it’s safest to simply obey the master’s commands without question.  Stir in some office politics for good measure, and we’ve got a freshly minted mind slave.
As part of their obedience training, employees must be taught how to dress, talk, move, and so on.  We can’t very well have employees thinking for themselves, now can we?  That would ruin everything.
God forbid you should put a plant on your desk when it’s against the company policy.  Oh no, it’s the end of the world!  Cindy has a plant on her desk!  Summon the enforcers!  Send Cindy back for another round of sterility training!
Free human beings think such rules and regulations are silly of course.  The only policy they need is:  “Be smart.  Be nice.  Do what you love.  Have fun.”

10. Becoming a coward.

Have you noticed that employed people have an almost endless capacity to whine about problems at their companies?  But they don’t really want solutions – they just want to vent and make excuses why it’s all someone else’s fault.  It’s as if getting a job somehow drains all the free will out of people and turns them into spineless cowards.  If you can’t call your boss a jerk now and then without fear of getting fired, you’re no longer free.  You’ve become your master’s property.
When you work around cowards all day long, don’t you think it’s going to rub off on you?  Of course it will.  It’s only a matter of time before you sacrifice the noblest parts of your humanity on the altar of fear:  first courage… then honesty… then honor and integrity… and finally your independent will.  You sold your humanity for nothing but an illusion.  And now your greatest fear is discovering the truth of what you’ve become.
I don’t care how badly you’ve been beaten down.  It is never too late to regain your courage.  Never!

Still want a job?

If you’re currently a well-conditioned, well-behaved employee, your most likely reaction to the above will be defensiveness.  It’s all part of the conditioning.  But consider that if the above didn’t have a grain of truth to it, you wouldn’t have an emotional reaction at all.  This is only a reminder of what you already know.  You can deny your cage all you want, but the cage is still there.  Perhaps this all happened so gradually that you never noticed it until now… like a lobster enjoying a nice warm bath.
If any of this makes you mad, that’s a step in the right direction.  Anger is a higher level of consciousness than apathy, so it’s a lot better than being numb all the time.  Any emotion — even confusion — is better than apathy.  If you work through your feelings instead of repressing them, you’ll soon emerge on the doorstep of courage.  And when that happens, you’ll have the will to actually do something about your situation and start living like the powerful human being you were meant to be instead of the domesticated pet you’ve been trained to be.

Happily jobless

What’s the alternative to getting a job?  The alternative is to remain happily jobless for life and to generate income through other means.  Realize that you earn income by providing value — not time – so find a way to provide your best value to others, and charge a fair price for it.  One of the simplest and most accessible ways is to start your own business.  Whatever work you’d otherwise do via employment, find a way to provide that same value directly to those who will benefit most from it.  It takes a bit more time to get going, but your freedom is easily worth the initial investment of time and energy.  Then you can buy your own Scooby Snacks for a change.
And of course everything you learn along the way, you can share with others to generate even more value.  So even your mistakes can be monetized.
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    One of the greatest fears you’ll confront is that you may not have any real value to offer others.  Maybe being an employee and getting paid by the hour is the best you can do.  Maybe you just aren’t worth that much.  That line of thinking is all just part of your conditioning.  It’s absolute nonsense.  As you begin to dump such brainwashing, you’ll soon recognize that you have the ability to provide enormous value to others and that people will gladly pay you for it.  There’s only one thing that prevents you from seeing this truth — fear.
    All you really need is the courage to be yourself.  Your real value is rooted in who you are, not what you do.  The only thing you need actually do is express your real self to the world.  You’ve been told all sort of lies as to why you can’t do that.  But you’ll never know true happiness and fulfillment until you summon the courage to do it anyway.
    The next time someone says to you, “Get a job,” I suggest you reply as Curly did:  ”No, please… not that!  Anything but that!”  Then poke him right in the eyes.
    You already know deep down that getting a job isn’t what you want.  So don’t let anyone try to tell you otherwise.  Learn to trust your inner wisdom, even if the whole world says you’re wrong and foolish for doing so.  Years from now you’ll look back and realize it was one of the best decisions you ever made.

    Final thoughts

    While I wouldn’t recommend starting an online business for everyone, for many people it’s one of the best ways to generate income without a job. It has certainly worked disgustingly well for me. If you’re interested in learning more about this option, please check out Build Your Own Successful Online Business for details.
    www.RIOtunes.blogspot.com 

    How Bloggers Make Money from Blogs ???

    How do bloggers make money from blogs?

    How-Bloggers-Make-MoneyI’ve been reflecting this week about the amazing diversity of opportunities that are opening up for bloggers to make money from blogging.

    I’ve long advised that bloggers seeking to make money from blogging spread their interests across multiple revenue streams so as not to put all their eggs in one basket.

    The wonderful thing is that this is becoming easier and easier to do 2005 has seen many options opening up. I thought I’d take a look at some of the methods that bloggers are currently using to make money through blogs.

    Income Streams for Bloggers – How to Make Money Blogging

    Advertising Programs – Perhaps the most obvious changes in the past few months have been with the addition of a variety of viable advertising options for bloggers looking to make money from their blogs. The most common way bloggers seem to earn money online is via the contextual ad program from Google – Adsense. A more recent addition that many are using successfully are Chitika.



    RSS Advertising – The past 12 months have seen some advances in RSS Advertising also. I’m yet to hear of any bloggers making big money blogging through it to this point – but as improvements are made to the ad programs exploring this I’m sure we’ll start to see examples of it being profitable.



    Sponsorship – In addition to the array of advertising programs that are available to join there is a growing awareness in the business of the value and opportunity that exists for them to advertise directly on blogs. I’m hearing more and more examples of this and have been fortunately to have a couple of ad campaigns of my own in the past month – one with Adobe a couple of weeks ago and another just completed with Ricoh for a new digicam over at my Digital Camera Blog. These are not isolated cases – as I say I know of many blogs exploring sponsorship with advertisers at present and suspect we’ll see more of it in the year ahead. Sponsorship is also happening on a post by post basis with some bloggers being paid to write on certain topics by companies – either in one off or a regular fashion – and they are able to make big money from their blogs doing so.



    Affiliate Programs – There are larger affiliate programs like Amazon, Linkshare, Clickbank and Commission Junction but also literally thousands of others from the large to the very small.

    Digital Assets – Increasing numbers of bloggers have been developing other digital assets to support and add revenue streams to their blogs. By this I mean that I’m increasingly seeing e-books, courses and tele-seminars being run by bloggers. This type of activity will only increase in future – in fact this week I’ve seen numerous examples of bloggers running courses.



    Blog Network Opportunities – with the rise in popularity of Blog Networks – bloggers are also being presented with more places to earn an income from their blogging – by writing for and with others. While it might be difficult to get a writing gig with one of the bigger networks – there are plenty who are always asking for new bloggers to join and who are willing to pay bloggers using a variety of payment models. While there are distinct advantages of blogging for yourself – blogging for an established network who will handle a lot of the set up/promotion/admin/SEO etc has it’s advantages also. More and more bloggers are combining writing for themselves on their own blogs with taking on blog network blogs as additional income streams.



    Business Blog Writing Opportunities – as blogging has risen in it’s profile as a medium more and more businesses are starting blogs. Many of these companies have internal staff take on blogging duties – but an increasing number of them are hiring specialist bloggers to come on and run their blogs. I know of a number of bloggers who in the past month or two have been approached for such paid work. Check out the ProBlogger Job Board if you’re looking for this type of work.


    Non Blogging Writing Opportunities – Also becoming more common are bloggers being hired to write in non blogging mediums. Manolo’s recent coup of a column in the Washington Post is just one example of this as bloggers are increasingly being approached to write for newspapers, magazines and other non blog websites. Along side this is the rise of bloggers as published book authors – this is to the extent that one blogger I spoke with this week complained to me that they were one of the few bloggers than they knew who didn’t have a book deal!



    Donations – Tip Jars and donation buttons have been a part of blogging for years now but this last year saw a number of bloggers go full time after fund raising drives. Perhaps the most high profile of these was Jason Kottke of kottke.org who through the generosity of his readership was able to quit his job and become a full time blogger.



    Flipping Blogs – Also more common in 2005 was the practice of ‘Blog Flipping’ – or selling of blogs. This has happened both on an individual blog level (I can think of about 20 blogs that sold this year) but also on a network level (the most obvious of these being the 8 figure sale of Weblogs Inc to AOL).



    Merchandising – My recent attempt to sell ProBlogger.net T-shirts wasn’t a raging success, but it is an example of how an increasing number of bloggers are attempting to make a few extra dollars from their blogs by selling branded products through programs like Cafepress. While I didn’t have a lot of success with merchandising – quite a few larger blogs are seeing significant sales – especially blogs with a cult following. I’m not at liberty to discuss details – but I know of one largish blog which will see sales over $20,000 in merchandise for the calendar year of 2005.



    Consulting and Speaking – While it has been popular for established consultants to add blogs to their businesses we’re also starting to see bloggers with no consulting background able to make money by charging readers for their time in consulting scenarios BECAUSE of the profile that their blogs have built them. Blogging has the ability to establish people as experts on niche topics and we all know the value of being perceived as an expert. I spoke to one blogger last month who charges himself out at over $200 an hour for speaking and consulting work – his area of expertise was something that he knew little about 18 months ago – but through his blog he’s become a leader in his field and a minor celebrity in his industry.

    As time rolls on there are more and more ways that bloggers make money from their blogs opening up. Feel free to suggest your own ideas and experiences in comments below.


    Update: Looking for more information on how to make money blogging? Here’s a post I wrote talking about my own experience – particularly looking at the top ways that I make money from blogs.
    Also check out these resources on how to set up a profitable blog:
    • ProBlogger the Book – where I and Chris Garrett sum up all of the basic tips about starting up a blog in the one volume.

    $500 Credit Card Sign-up Bonuses!

    Get $100+ Bonuses From Credit Card Promotions


    Here are some easy promotional offers from credit cards that have helped me save for an early retirement! :) I regularly supplement my income and boost my savings rate by taking care of my credit and only applying for the most lucrative offers, like the ones below.

    50,000 Points, Redeemable for $500 in Cash

    The Chase Sapphire Preferred Card is a rewards credit card that is now offering new cardholders 50,000 bonus points after you spend $3,000 in purchases within the first 3 months. This is quite a good deal, as 50,000 points can be redeemed for $500 cash or two airplane tickets worth up to $312.50 each (you can buy a more expensive ticket and simply pay the difference). No annual fee for the first year, $95 in future years. They also now offer 2 points per dollar spent on dining & 1 point per dollar spent on all other purchases.
    (This card is the “big brother” of the regular Chase Sapphire Card, where you can get 25,000 points after you spend $3,000 in purchases within the first 3 months, and there is no annual fee in the first year or subsequent years.)

    Two Free Nights at Any Hyatt Hotel in the World

    The new Hyatt Card comes with a unique perk – two free nights at any Hyatt with no blackout dates. This is best used at their top tier hotels like Park Hyatt and Hyatt Regency, which are some of the best hotels in the world – up there with brands like Westin and Four Seasons.
    Try looking some of them up. I found the Park Hyatt Paris runs $900 a night and the Park Hyatt Tokyo runs $600 a night. The annual fee is $75, so basically you’ll be getting two nights at any Hyatt for 75 bucks (award nights include all taxes and fees). Additional details here.

    $300 in Gift Cards or $399 towards Airfare or Hotel

    The Citi ThankYou Premier Card currently offers 30,000 bonus ThankYou Points after $1,500 in purchases within 3 months of account opening. That is enough to redeem for $300 in gift cards at stores including Walmart, Home Depot, Lowes, and CVS Pharmacy. Alternatively, you can get $399 in airfare or hotels when you redeem through their ThankYou Travel Center (prices match Expedia.com). If you redeemed for Walmart gift cards and exchanged them online at a site like PlasticJungle.com, you would net $270 in cash.
    This is their new travel-oriented card, with no foreign transaction fee on purchases and you can also earn points based on the amount of miles you actually fly. The annual fee is free the first year, $125 in later years if you keep it. Alternatively, if you want a card with no annual fee period, the Citi ThankYou Preferred Card is offering 20,000 bonus points after $700 in purchases within 3 months.

    Free $150 in Gift Cards

    The American Express Premier Rewards Gold Card offers 15,000 Membership Rewards bonus points when you spend $1,000 in your first 3 months of Card membership. MR points are very versatile, and can be converted to 15,000 frequent flier miles in a number of programs, or you can simply get $150 in gift cards at several stores like Home Depot, Crate & Barrel, or Macy’s. You can view the reward options at MembershipRewards.com. I think you can also get cash equivalents at a reduced ratio.
    You can also earn another 15,000 Membership Rewards bonus points when you spend $30,000 per calendar year. No annual fee for your first year. After that it is $175, so remember to cancel within the first year if you don’t want to continue.

    Free $100 Amazon.com Gift Certificate or 3 Hotel Nights

    The Starwood Preferred Guest® Credit Card from American Express is currently giving out 10,000 Starwood points for signing up and making any purchase. That’s enough for a $100 Gift Card to Amazon.com, Gap, Nordstrom, Banana Republic, and more. Not only do you get the bonus, but this card is one of my favorite rewards cards.
    10,000 points are also good for up to 3 free nights at Starwood hotels like Four Points Sheraton. If you like airline miles, you can get 1.25 frequent flier miles per point, 25% more than other airline-specific cards. This card is great for people who like to travel and make the most of their existing frequent flier miles, and can be very useful for getting miles for many different airlines like Delta, American, and more. Click here for details.
    Finally, if you spend $15,000 within the first six months, you get another 15,000 bonus Starpoints on top of the 15,000 earned normally. So all in all you’d get 40,000 Starpoints = 50,000 frequent flyer miles = 2 free roundtrip tickets!

    Small Business Card: 50,000 American Express Points Worth $500 in Gift Cards

    Ready for another one? American Express just announced a limited-time 50,000 Membership Rewards point bonus for their New Business Gold Rewards Card from OPEN, which is one of their upscale-oriented charge cards for small businesses where you must pay off the balance each month but you get the famous AmEx perks like purchase price protection, extended product return protection, and AmEx extended warranty. Here are the highlights:
    • Earn 50,000 Membership Rewards (MR) bonus points after application and spending $10,000 in your first five months of Card membership. That is enough points to convert to enough frequent flier miles (50,000) for two airline tickets or $500 in gift cards. Actually, after spending $10,000 and earning a point per dollar, you’ll earn a total of 60,000 MR points for another possible $100 in gift cards to retailers like Gap, Home Depot, Zappos, Olive Garden, etc. As a backup, you can use 50k points to buy $350 of anything from Amazon.com. Existing American Express OPEN Gold Card members are not eligible for this offer.
    • The annual fee is $0 for the first year of card membership, and $175 thereafter. This way you can try out the card for a year for free, get the 50k points, and then decide later if you wish to keep it.
    • Triple points on airfare. What makes this card “new” is that you can now earn triple points on airfare as well as double points on advertising, shipping, and gas purchases on the first $100,000 of eligible purchases in each category each calendar year. Everything else earns 1 point per dollar spent.
    • Limited time offer, they even explicitly reserve the right to end it early in their fine print. Otherwise, ends 11/28/2011.

    Six Easy Ways To Make $100


    Welcome to my blog about earning and saving more money. Instead of the traditional “About This Blog” story, I figured why not share some of the ways I make some easy extra cash?

    1) Earn interest on your idle cash.

    Open up a high-yield savings account that links up directly with your existing checking account and pumps up that piddly interest rate you’re getting now. At around 2% APY, with every $5,000 in cash you can make around $100 more in interest a year.

    2) Earn some quick bucks for signing up for accounts.

    You can get up to $250 upfront just for signing up and making a purchase with several credit cards. Just put them away afterward or cancel them, there’s no need to pay a penny of interest. I’ve certainly made thousands of dollars this way.

    3) Get cash back whenever you make a purchase.

    If you are responsible with credit cards, you should really use a credit card that gives you cash back or other perks when buying everyday purchases like groceries, gas, and even 5% back at Amazon.com! Here’s a list of my favorite rewards credit cards. You can easily get back $100 a year without changing your current spending patterns.

    4) Save on monthly expenses

    • Haggle your current cable or satellite TV bill down by over $100 a year by simply asking or by using their competitor’s deals. The worst you they can say is no. I just saved over $120 a year with one phone call.
    • Save up to 30% off on your cell phone bill with a corporate or student discount without changing plans. Qualify by just using your e-mail address.

    5) Save on credit card interest!

    If you are carrying balances, check out my list of 0% APR balance transfer offers and chop your interest payments by over $100 a year. This way your payments go towards paying down the actual principal and not the credit card company’s profits.

    6) Lower your stock trade commissions to Zero

    How much do you spend on commissions every year? How about keeping all that to yourself? You can with Zecco.com if you have $25,000 in total stock value (not just cash), and they have $4.50 trades with no minimum balance if you’re not there yet. See here for my Zecco brokerage review, complete with tips on how to optimize your account with them.

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    28 Ways to Make Money with Your Website

    There are several lists with “ways to make money with a website” on the Internet, but none of them seem to be complete. That is why I decided to create this one. If you know a method that is not listed below, just let us know and we’ll update it.
    waystomakemoneywebsite.jpg
    Notice that ways to make money with a website are different from ways to make more money from it. Methods to increase your traffic or click-through rate will help you make more money, but they do not represent a method of making money per se.
    For example, one could suggest that blending AdSense ads with the content is a way to make money from a website. In reality it’s not; it’s just a way to make more money by improving your ad click-through rate. The real monetization method behind it is a PPC ad network.
    The list is divided into direct and indirect methods, and examples and links are provided for each point. Enjoy!

    Direct Methods

    1. PPC Advertising Networks
    Google AdSense is the most popular option under this category, but there are also others. Basically you need to sign up with the network and paste some code snippets on your website. The network will then serve contextual ads (either text or images) relevant to your website, and you will earn a certain amount of money for every click.
    The profitability of PPC advertising depends on the general traffic levels of the website and, most importantly, on the click-through rate (CTR) and cost per click (CPC). The CTR depends on the design of the website. Ads placed abode the fold or blended with content, for instance, tend to get higher CTRs. The CPC, on the other hand, depends on the nice of the website. Mortgages, financial products and college education are examples of profitable niches (clicks worth a couple of dollars are not rare), while tech-related topics tend to receive a smaller CPC (sometimes as low as a couple of cents per click).
    The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that comes from search engines) tends to perform well because these visitors were already looking for something, and they tend to click on ads more often. Social media traffic, on the other hand, presents terribly low CTRs because these visitors are tech-savvy and they just ignore ads.
    List of popular CPC advertising networks:
    2. CPM Advertising Networks
    CPM advertising networks behave pretty much as PPC networks, except that you get paid according to the number of impressions (i.e., page views) that the ads displayed on your site will generate. CPM stands for Cost per Mille, and it refers to the cost for 1,000 impressions.
    A blog that generates 100,000 page views monthly displaying an advertising banner with a $1 CPM, therefore, will earn $100 monthly.
    CPM rates vary with the network, the position of the ad and the format. The better the network, the higher the CPM rate (because they have access to more advertisers). The closer you put the ad to the top of the page, the higher the CPM. The bigger the format (in terms of pixels), the higher the CPM.
    You can get as low as $0,10 and as high as $10 per 1,000 impressions (more in some special cases). CPM advertising tends to work well on websites with a high page views per visitor ratio (e.g., online forums, magazines and so on).
    List of popular CPM advertising networks:
    3. Direct Banner Advertising
    Selling your own advertising space is one of the most lucrative monetization methods. First and foremost because it enables you to cut out the middleman commissions and to determine your own rates. The most popular banner formats on the web are the 728×90 leaderboard, the 120×600 skyscraper, the 300×250 rectangle and the 125×125 button.
    The downside of direct banner advertising is that you need to have a big audience to get qualified advertisers, and you will need to spend time managing the sales process, the banners and the payments.
    Related links:
    4. Text Link Ads
    After Google declared that sites selling text links without the nofollow tag would be penalized, this monetization method became less popular.
    Many website owners are still using text links to monetize their sites, though, some using the nofollow tag and some not.
    The advantage of this method is that it is not intrusive. One can sell text links directly through his website or use specialized networks like Text-Link-Ads and Text-Link-Brokers to automate the process.
    Text link marketplaces and networks:
    5. Affiliate Marketing
    Affiliate marketing is a very popular practice on the Internet. Under this system you have a merchant that is willing to let other people (the affiliates) sell directly or indirectly its products and services, in exchange for a commission. Sometimes this type of advertising is also called CPA (cost per action) or CPL (cost per lead) based.
    Affiliates can send potential customers to the merchant using several tools, from banners to text links and product reviews.
    In order to find suitable affiliate programs you can turn to individual companies and publishers like Dreamhost and SEOBook, or join affiliate marketplaces and networks.
    List of popular affiliate marketplaces and networks:
    6. Monetization Widgets
    The latest trend on the web are widgets that let you monetize your website. Examples include Widgetbucks and SmartLinks. Some of these services operate under a PPC scheme, others behave like text link ads, others yet leverage affiliate links.
    Their main differentiator, however, is the fact that they work as web widgets, making it easier for the user to plug and play the service on its website.
    List of companies that provide monetization widgets:
    7. Sponsored Reviews
    PayPerPost pioneered this model, with much controversy on the beginning (related to the fact that they did not require disclosure on paid posts). Soon other companies followed, most notably Sponsored Reviews and ReviewMe, refining the process and expanding the paid blogging model.
    Joining one of these sponsored reviews marketplaces will give you the opportunity to write sponsored posts on a wide range of topics. Not all bloggers are willing to get paid to write about a specific product or website (because it might compromise the editorial credibility), but the ones who do are making good money out of it.
    If your blog has a big audience you could also offer sponsored reviews directly, cutting off the commissions of the middleman.
    List of sponsored reviews and paid blogging networks:
    8. RSS Feed Ads
    With the quick adoption of the RSS technology by millions of Internet users, website owners are starting to find ways to monetize this new content distribution channel.
    Feedburber already has its own publisher network, and you can sign-up to start displaying CPM based advertising on your feed footer. Bidvertiser recently introduced a RSS feed ad option as well, with a PPC scheme.
    Finally, some blogs are also opting to sell banners or sponsored messages on their feed directly. John Chow and Marketing Pilgrim are two examples.
    Related links:
    9. Sponsors for Single Columns or Events
    If you website has specific columns or events (e.g., a weekly podcast, an interview series, a monthly survey, a special project) you could find companies to sponsor them individually.
    This method increases the monetization options for website owner, while giving advertisers the possibility to target a more specific audience and with a reduced commitment.
    Mashable illustrates the case well. They have several advertising options on the site, including the possibility to sponsor specific columns and articles, including the “Daily Poll” and the “Web 2.0 Invites.”
    Problogger also runs group writing projects occasionally, and before proceeding he publicly announce the project asking for sponsors.
    10.Premium Content
    Some websites and blogs give away part of their content for free, and charge for access to the premium content and exclusive tools.
    SEOMoz is a good example. They have a very popular blog that gives advice and information on wide range of SEO related topics. On top of that visitors can decide to become premium members. It costs $48 monthly and it grants them access to guides, tools and other exclusive material.

    11. Private Forums
    While the Internet is populated with free forums, there is also the possibility to create a private one where members need to pay a single or recurring fee to join.



    SEO Blackhat
    charges $100 monthly from its members, and they have thousands of them. Obviously in order to charge such a price for a forum membership you need to provide real value for the members (e.g., secret techniques, tools, and so on).
    Performancing also launched a private forum recently, focused on the networking aspect. It is called The Hive, and the monthly cost is $10.
    These are just two examples. There are many possibilities to create a private and profitable forum, you just need to find an appealing angle that will make it worth for the members.
    List of popular forum software:
    12. Job Boards
    All the popular blogs are trying to leverage job boards to make some extra income. Guy Kawasaki, ReadWriteWeb, Problogger… you name it.
    Needless to say that in order to create an active and profitable job board you need first to have a blog focused on a specific niche, and a decent amount traffic.
    The advantage of this method is that it is passive. Once you have the structure in place, the job listings will come naturally, and you can charge anywhere from $10 up to $100 for each.
    List of popular job board software:
    13. Marketplaces
    Sitepoint is the online marketplace by excellence. Some websites and blogs, however, are trying to replicate that model on a smaller scale.
    Depending on your niche, a market place that allows your visitors to buy, sell and trade products could work well. Over the time you could start charging a small fee for new product listings.
    The problem with this method is that there are no standard software on the web, so you would need to hire a coder to get a marketplace integrated into your website.
    You can see an example of a marketplaces being used on EasyWordpress and on Mashable.
    14. Paid Surveys and Polls
    There are services that will pay you money to run a small survey or poll on your website. The most popular one is called Vizu Answers.
    Basically you need to sign up with them, and select the kind of polls that you want to run your site. Most of these services operate under a CPM model.
    15. Selling or Renting Internal Pages
    Million Dollar Wiki made this concept popular, but it was being used on the web for a long time around (check Pagerank10.co.uk for instance).
    These websites sell for a single fee or rent for a recurring fee internal pages on their domain. Usually they have either high Pagerak or high traffic, so that people purchasing a page will be able to benefit in some way.
    Implementing this method on a small blog would be difficult, but the concept is interesting and could be explored further.
    16. Highlighted Posts from Sponsors
    Techmeme probably pioneered this idea, but somehow it has not spread to other websites. The tech news aggregator displays editorial posts on the left column, and on the sidebar they have a section titled “Techmeme Sponsor Posts.”
    On that section posts from the blog of the advertisers get highlighted, sending qualified traffic their way. Considering that the monthly cost for one spot is $5000 and that they have around 6 sponsors at any given time, it must be working well.
    17. Donations
    Placing a “Donate” link or button on a website can be an efficient way to earn money, especially if your blog is on a niche where readers learn and gain value from your content.
    Personal development and productivity blogs, for instance, tend to perform well with donation based systems (one good example being Steve Pavlina).
    A small variation of this method appeared sometime ago with the Buy Me a Beer plugin. This WordPress plugin enables you to insert a customized message at the bottom of each article, asking the readers to chip in for a beer or coffee.
    18. In-text Adverting
    In-text adverting networks like Kontera and Vibrant Media will place sponsored links inside your text. These links come with a double underline to differentiate them from normal links, and once the user rolls the mouse over the link the advertising will pop. Should the user click on it the site owner will make some money.
    Some people make good money with this method, but others refrain from using it due to its intrusiveness. It is also interesting to note that very few mainstream websites have experimented with in-text advertising.
    19. Pop-ups and Pop-unders
    Pop-ups are a common yet annoying form of advertising on the Internet. If you are just trying to make a much money as possible from your website, you could experiment with them.
    If you are trying to grow the traffic and generate loyal visitors, however, you probably should stay away from them. Just consider the hundreds of pop-up blockers out there: there is a reason why they are so popular.
    Ad networks that use pop-ups:
    20. Audio Ads
    Also called PPP (Pay Per Play), this advertising method was introduce by Net Audio Ads. the concept is pretty simple: play a small audio advertising (usually 5 seconds) every time a visitor enters into your website. The user should not be able to stop it, creating a 100% conversion rate based on unique visitors.
    The company is still rolling tests, but some users are reporting to get from a $4 to a $6 CPM. Regardless of the pay rate, though, this is a very intrusive form of advertising, so think twice before using it.
    21. Selling the Website
    Selling your website could be your last resource, but it has the potential to generate a big sum of money in a short period of time.
    Market places on online forums like DigitalPoint and Sitepoint are always active with website buyers and sellers. Keep in mind that they most used parameter to determine the value of a website is the monthly revenue that it generates, multiplied by a certain number (the multiplier can be anything from 5 to 30, depending on the expectations of the seller, on the quality of the site, on the niche and other factors).
    Some people also make money trading and flipping websites. They either create them from scratch or buy existing ones, and after some revamping they sell them for a profit.
    Related links:

    Indirect Methods

    22. Selling an Ebook
    Perhaps one of the oldest money making strategies on the web, using a website to promote a related ebook is a very efficient way to generate revenue.
    You could either structure the website around the book itself, like SEOBook.com, or launch the ebook based on the success of the website, like FreelanceSwitch did we the book How to be a Rockstar Freelancer.
    Related links:
    23. Selling a Hardcover Book
    Many authors and journalists leverage their blogs or websites to sell copies of hardcover books. Examples include Guy Kawasaki, Seth Godin and Malcolm Gladwell.
    While most of these people were already renowned authors before they created their website, one could also follow the other way around. Lorelle VanFossen did exactly that with her Blogging Tips book. First she built her authority on the subject via her blog, and afterwards she published the book.
    List of self publishing and publishing services:
    24. Selling Templates or WordPress Themes
    As more and more people decide to get an online presence, website templates and WordPress themes become hotter and hotter.
    On this segment you have mainstream websites like TemplateMonster, as well as individual designers who decide to promote and sell their work independently.
    Brian Gardner and Unique Blog Designs are two examples of websites that make money with the sales of premium and custom WordPress themes.
    25. Offering Consulting and Related Services
    Depending on your niche, you could make money by offering consulting and related services. If you are also the author of your blog, the articles and information that you will share will build your profile and possibly certify your expertise on that niche, making it easier to gain customers.
    Chris Garrett used a similar strategy. First he created a highly influential blog on the blogging and new media niche, and afterwards he started offering consulting services to clients with related problems and needs.
    26. Creating an Email List or Newsletter
    Email lists and newsletters represent one of the most powerful marketing and money making tools on the Internet. They offer incredible conversion rates, and the possibility to call people to action in a very efficient way.
    Creating a big list is a difficult task though, so if you have a popular website you could leverage it to increase the number of subscribers on your list.
    Yaro Starak is a famous Internet marketer, and if you visit his blog you will notice that right on top he has a section encouraging visitors to subscribe to his email newsletter. Yaro generates five figures in revenues each month from his email newsletters, proving that this method works.
    List of software to manage email newsletters:
    27. Mentoring programs
    People are willing to pay for someone or something that will teach them and give them knowledge (as opposed to mere information). Education is one of the biggest industries in the world, and the online landscape behaves in a similar way.
    Creating a mentoring program related to the niche of your website could be very profitable if you manage to structure and promote it adequately. There is a wide range of media and tools that you can use to deliver the information, from text articles to audio and video lessons.
    Brian Clark leveraged the success of Copyblogger to launch a mentoring program teaching people how to build membership and how to sell content online. The program is titled Teaching Sells, and it costs $97 monthly. Sounds expensive, but they have over 1,000 members.
    28. Creating a conference around the website
    If your website takes off and becomes an authority on its niche, you could create a conference around it. Depending on the size of your audience, the event could attract thousands of people, and you could make money directly from conference passes and sponsors.
    Search Engine Land, for instance, created a series of conferences that visit several cities on the United States and on other countries as well. The conferences are called Search Marketing Expo, and the tickets and passes cost thousands of dollars.

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